Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0132%/8h= +14.5% APRpaid last 24h +0.093%

Price spread now: Coinbase International against Binance+1.140%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 1.140% dearer against Binance than usual: you sell high and buy low: +$114 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance COMPUSDT	22.672	0.0100	pay 0.0100% / 8h	6h 56m	$4.3M	$6.8M	75x
Short	Coinbase International COMP-PERP-INTX	22.930	0.0232	get 0.0029% / 1h	56m 50s	$18K	$46K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee Coinbase InternationalbpOrdersPrice spread, now +1.140%Rate

Funding earned: $27.72
Price spread: +1.140% → 0.000%: $113.96
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $121.68
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Binance: live order book, 12 min ago; Coinbase International: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 12 min ago	2.19 bp	17.3 bp −$17	54.9 bp −$549	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

COMP on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit COMP_USDC-PERPETUAL	−0.0630%	1h	22.700	+0.125%	$331	$327	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0622%	1h	22.731	+0.264%	$228K	$91K	20x	as long as short
dYdX COMP-USD	0.0000%	1h	22.745	+0.326%	$69K	—	5x	as long as short
Injective COMP/USDC PERP	+0.0033%	1h	22.340	−1.463%	$2K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.673	+0.006%	$867K	$419K	5x	as long as short
Binance COMPUSDTlong	+0.0100%	8h	22.672	long leg	$4.3M	$6.8M	75x
Bybit COMPUSDT	+0.0100%	8h	22.711	+0.174%	$3.9M	$1.9M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.630	−0.184%	$1.6M	$2.1M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.670	−0.007%	$221K	$53K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.660	−0.051%	$2.6M	$813K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COMPUSDTM	+0.0100%	8h	22.730	+0.257%	$457K	$92K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.710	+0.169%	$1.9M	$619K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.680	+0.037%	—	$34.7M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.731	+0.262%	$15K	$31K	—	as long as short
BloFin COMP-USDT	+0.0114%	8h	22.660	−0.051%	$238K	$159K	20x	as long as short
Coinbase International COMP-PERP-INTXshort	+0.0232%	1h	22.930	+1.140%	$18K	$46K	25x